A 90-acre parcel along Randall Road north of Huntley Road could be part of a new tax increment financing district in Carpentersville. Paul Valade/pvalade@dailyherald.com

Carpentersville officials are considering a new taxing district to help spur development near Randall and Huntley roads.

Village trustees recently annexed two parcels, totaling 100 acres, along Randall Road north of Huntley Road. The village intends to include both in a tax increment financing district covering approximately 150 acres.

In a TIF district, property tax disbursements to local governments are frozen at current levels. As development increases property values, the extra tax revenue that would have gone to taxing bodies such as schools and parks instead to go a special village fund to pay for improvements wi

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